To cater to the more complex and extensive capability development needs of SMES that are growing rapidly and seeking to break into new overseas markets, enhanced assistance will be provided under the Enterprise Capability Development Scheme (ECADS).
The scheme aims to encourage developmental activities within these enterprises. These include:
Development of new or better products; and Improvement of processes, practices and operations that will result in significant productivity gains.
1. ECAD Proposal
- Applicant's Business Profile - include overall business goals/strategies and outline of business activities. - Industry Overview - include products and services offered, target market in terms of customers, market niche, geographical coverage, competitors in the countries where the company is operating and industry trends and outlook.
2. Project Details
Please include the following sections:
- Project Description - Methodology - Project Schedule - Management and Development Schedule - Assessment of the qualitative and quantitative impact of project - Please also provide the Value-Added for the info stated in the table below:
Value-Added
And to recap on what ECADS supports
1. Manpower cost - salary (local) of the persons involved in the project (pls provide a costing based on the % of time the person will be involved in the project) - cost of living allowance - economy airfare - training
Overseas trips can be made to study best practices related to project
2. Equipment and materials (development) - materials/consumables - software
